Turkey Activated Carbon Market
Turkey Activated Carbon Market, By Type (Powdered, Granular, Others); By Application (Liquid Phase, Gas Phase); By End User (Water Treatment, Food & Beverage Processing, Pharmaceutical & Medical, Automotive, Air Purification, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: October 2024
- Report ID: BWC24738
- Available Format: PDF
- Page: 115
Report Overview
A spurring demand for activated carbon from expanding chemicals, pharmaceuticals, and water treatment industries, growing awareness about environmental issues and regulations, and rising living standards are expected to drive Turkey Activated Carbon Market during the forecast period between 2024 and 2030.Turkey Activated Carbon Market – Industry Trends & Forecast Report, 2030
Turkey Activated Carbon Market size was estimated at USD 48.4 thousand in 2023. During the forecast period between 2024 and 2030, Turkey Activated Carbon Market size is projected to grow at a CAGR of 8.8% reaching a value of USD 86.9 thousand by 2030. Prominent drivers of the market include the expanding industrial sectors such as automotive, chemical, and cosmetics have significantly fueled the demand for activated carbon. This surge is primarily due to its critical role in water treatment processes, where it is extensively used for filtration, removal of organic chemicals, and odor control. The need for effective water treatment solutions has also grown nationwide with the rise in industrialization. Furthermore, activated carbon is increasingly utilized as a raw material in various manufacturing sectors, including cosmetics and pharmaceuticals. The healthcare sector in Turkey has also seen notable growth, supported by government initiatives to enhance healthcare infrastructure. The opening of new hospitals and healthcare facilities has driven the demand for activated carbon, particularly in medical applications such as treating drug overdoses and gastrointestinal disorders, further amplifying its adoption in the country.
Activated Carbon – Overview
Activated carbon, also known as activated charcoal, is a form of carbon that has been processed to have a highly porous structure and a large surface area, making it extremely effective at adsorbing (binding) a wide range of substances, including chemicals, toxins, and impurities. Due to its porous nature, activated carbon can trap molecules and particles from gases and liquids, making it commonly used in water purification, air filtration, industrial processing, and medical treatments such as detoxification for poisonings or overdoses. Its effectiveness is enhanced by its large surface area, which allows it to capture more contaminants.
Turkey Activated Carbon Market
Growth Drivers
Demand from Chemicals, Pharmaceuticals, Water Treatment Industries
The growth and expansion of major industries, such as chemicals, pharmaceuticals, and water treatment, are significantly propelling Turkey Activated Carbon Market, particularly through the innovative application of activated carbon as a fertilizer in agriculture. The boost is evident as activated carbon enhances soil health and promotes efficient plant growth, with its porous structure increasing the soil's nutrient-holding capacity and making essential nutrients more accessible to plants. Additionally, activated carbon enhances the soil's water-holding capacity, effectively retaining moisture for extended periods—an invaluable advantage in arid regions or areas with inconsistent rainfall. It also plays a crucial role in adsorbing harmful substances, safeguarding plant health by capturing toxic compounds and maintaining balanced nutrient levels while facilitating better nutrient absorption through pH balance. Furthermore, activated carbon fosters biological activity in the soil, promoting the growth of beneficial microorganisms that enhance fertility and nutrient uptake while reducing disease-causing pathogens. In parallel, activated carbon is extensively utilized for various water treatment needs, addressing environmental challenges arising from air and water contamination. Contaminated water from manufacturing processes requires treatment before safe release into the environment, and activated carbon has emerged as one of the most effective methods for purifying water, ensuring safety, purity, environmental protection, and compliance with quality standards. Its high absorbent properties make it ideal for removing contaminants from industrial water, and it is available in various forms, including granular, powdered, and extruded, tailored for specific water treatment applications. The manufacturing process involves materials such as lignite, coal, charred wood, and coconut shells, activated at high temperatures with steam, CO2, and air to create a porous structure with a large surface area. In water treatment plants, activated carbon is employed for drinking water purification, service water treatment, and sewage treatment, effectively eliminating contaminants and toxic substances. In summary, the increasing utilization of activated carbon as both a fertilizer and a water treatment solution underscores its critical importance in sustainable agricultural practices and industrial applications, reinforcing its significance in enhancing efficiency and safety across various sectors and further driving Turkey Activated Carbon Market.
Challenges
High Production Costs
High production costs are a significant restraint on the growth of Turkey Activated Carbon Market. The manufacturing process involves expensive raw materials, such as lignite, coal, and coconut shells, which contribute to increased operational expenses. Additionally, the activation process requires high temperatures and advanced technology, further elevating costs. These financial burdens make it challenging for manufacturers to maintain competitive pricing, limiting market accessibility for smaller players and reducing overall demand. Consequently, the high production costs hinder the market's potential growth, making it difficult for the industry to expand and innovate in response to increasing environmental concerns.
Impact of Escalating Geopolitical Tensions on Turkey Activated Carbon Market
Escalating geopolitical tensions among countries and spreading across regions could have a significant impact on the growth of Turkey Activated Carbon Market. Such tensions may disrupt supply chains, leading to shortages of raw materials essential for activated carbon production, thereby increasing costs and limiting availability. Additionally, trade restrictions or tariffs can further hinder market access and increase operational expenses for manufacturers. These factors create uncertainty, which can deter investment and innovation within the sector. Ultimately, geopolitical instability may restrict market growth, compelling companies to reassess their strategies and adapt to the evolving geopolitical landscape.
Turkey Activated Carbon Market
Segmental Coverage
Turkey Activated Carbon Market – By Type
Based on type, Turkey Activated Carbon Market is divided into Powdered, Granular, and other segments. The powdered segment holds the highest share of Turkey Activated Carbon Market by type. Powdered activated carbon (PAC) features a smaller particle size compared to other forms, resulting in a larger surface-to-volume ratio that enhances its adsorption capabilities. It is produced by carbonizing and activating carbon materials through heating, along with the introduction of oxygen or chemicals such as phosphoric acid. This process creates a highly porous structure with an extensive surface area per unit volume, significantly boosting its adsorption capacity.
Turkey Activated Carbon Market – By Application
Based on application, Turkey Activated Carbon Market is bifurcated into Liquid Phase and Gas Phase segments. The liquid phase holds a higher share in Turkey Activated Carbon Market by application. Activated carbon is particularly effective for liquid phase applications, thanks to its extensive surface area and porous structure. It adsorbs target compounds onto its surface, efficiently eliminating various contaminants from liquids. These contaminants may include organic compounds, volatile organic compounds (VOCs), pesticides, chloramines, heavy metals, and other pollutants.
Turkey Activated Carbon Market – By End User
By end user, Turkey Activated Carbon Market is divided into Water Treatment, Food & Beverage Processing, Pharmaceutical & Medical, Automotive, Air Purification, and other segments. The water treatment segment holds the highest share in Turkey Activated Carbon Market by end user, driven by the increasing demand for freshwater in both residential and commercial sectors. The rapid development of residential units in urban areas has spurred the need for water treatment facilities to meet the rising demand for clean water. Also, the growth of commercial spaces such as hospitals, malls, restaurants, and educational centers has further boosted the establishment of water treatment plants. The expansion has increased the demand for activated carbon, essential in these facilities, thus fostering growth in the activated carbon market.
Competitive Landscape
Major players operating in Turkey Activated Carbon Market include Western Carbon & Chemicals, Kajah Activated Carbon, Pame Carbon, CarboTech, Aktif Karbon Sanayi A.Ş, Suneeta Carbons, Fair Mekanik, ANGSTROM MÜHENDİSLİK, Chemviron, and Donau Carbon. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
-
In 2024 - Huamei Activated Carbon Co., Ltd announced the shipment of 26 tons of coal-based activated carbon pellets to a Turkish client engaged in manufacturing cartridge and panel filters.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2030 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Thousand |
Market Coverage |
Turkey |
Product/ Service Segmentation |
Type, Application, End User |
Key Players |
Western Carbon & Chemicals, Kajah Activated Carbon, Pame Carbon, CarboTech, Aktif Karbon Sanayi A.Ş, Suneeta Carbons, Fair Mekanik, ANGSTROM MÜHENDİSLİK, Chemviron, Donau Carbon |
By Type
-
Powdered
-
Granular
-
Others
By Application
-
Liquid Phase
-
Gas Phase
By End User
-
Water Treatment
-
Food & Beverage Processing
-
Pharmaceutical & Medical
-
Automotive
-
Air Purification
-
Others
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Turkey Activated Carbon Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Growth and expansion of industries like chemicals, pharmaceuticals, and water treatment
- Increasing awareness of environmental issues and regulations
- Rising living standards
- Restraints
- High production costs
- Limited raw material availability
- Competition from lower-cost producers
- Opportunities
- Expanding applications for activated carbon
- Innovation in production processes
- Growing food and beverage sector
- Challenges
- Adherence to strict environmental regulations
- Development of alternative materials or technologies
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Turkey Activated Carbon Market: Marketing Strategies
- Turkey Activated Carbon Market: Pricing Analysis
- Turkey Activated Carbon Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Thousand)
- Market Share & Forecast
- By Type
- Powdered
- Granular
- Others
- By Application
- Liquid Phase
- Gas Phase
- By End User
- Water Treatment
- Food & Beverage Processing
- Pharmaceutical & Medical
- Automotive
- Air Purification
- Others
- By Type
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Types
- Turkey Activated Carbon Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Merger, Acquisition, Partnership)
- Impact of Geopolitical Tensions on Turkey Activated Carbon Market
- Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
- Western Carbon & Chemicals
- Kajah Activated Carbon
- Pame Carbon
- CarboTech
- Aktif Karbon Sanayi A.Ş
- Suneeta Carbons
- Fair Mekanik
- ANGSTROM MÜHENDİSLİK
- Chemviron
- Donau Carbon
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 Turkey Activated Carbon Segmentation
Figure 2 Turkey Activated Carbon Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Turkey Activated Carbon Market Size, By Value (USD Thousand), 2019–2030
Figure 5 Turkey Activated Carbon Market Share, By Type, By Value (USD Thousand), 2019–2030
Figure 6 Turkey Activated Carbon Market Share, By Application, By Value (USD Thousand), 2019–2030
Figure 7 Turkey Activated Carbon Market Share, By End User, By Value (USD Thousand), 2019–2030
List of Tables
Table 1 Turkey Activated Carbon Market Size, By Value (USD Thousand), 2019–2030
Table 2 Turkey Activated Carbon Market Share, By Type, By Value (USD Thousand), 2019–2030
Table 3 Turkey Activated Carbon Market Share, By Application, By Value (USD Thousand), 2019–2030
Table 4 Turkey Activated Carbon Market Share, By End User, By Value (USD Thousand), 2019–2030
Table 5 Western Carbon & Chemicals Company Overview
Table 6 Western Carbon & Chemicals Financial Overview
Table 7 Kajah Activated Carbon Company Overview
Table 8 Kajah Activated Carbon Financial Overview
Table 9 Pame Carbon Company Overview
Table 10 Pame Carbon Financial Overview
Table 11 CarboTech Company Overview
Table 12 CarboTech Financial Overview
Table 13 Aktif Karbon Sanayi A.Ş Company Overview
Table 14 Aktif Karbon Sanayi A.Ş Financial Overview
Table 15 Suneeta Carbons Company Overview
Table 16 Suneeta Carbons Financial Overview
Table 17 Fair Mekanik Company Overview
Table 18 Fair Mekanik Financial Overview
Table 19 ANGSTROM MÜHENDİSLİK Company Overview
Table 20 ANGSTROM MÜHENDİSLİK Financial Overview
Table 21 Chemviron Company Overview
Table 22 Chemviron Financial Overview
Table 23 Donau Carbon Company Overview
Table 24 Donau Carbon Financial Overview
Market Segmentation
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
Frequently Asked Questions (FAQs):
RELATED REPORTS
WHY CHOOSE US
-
24/7 Research Support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Custom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs
-
Quality & Accuracy
Ask the Analyst to customize an exclusive study to serve your research needs
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.